A common characteristic among top-performers is a willingness to assess and reassess stagnate business strategies and organization structures. This is imperative for companies to keep abreast of the latest trends and response to business sustainability opportunities that can ultimately affects company profitability. Thus, we constantly ask: what is new today?
With Wal-Mart’s updated Sustainability Index receiving most of the major headlines over the last few weeks, it may be easy to miss some lesser publicized successes and tools. Our sustainability consulting trys to remind our readers of useful resources.
CERES recently released a sustainable supply chain tool, Supplier Self-Assessment Questionnaire (SAQ): Building the Foundation for Sustainable Supply Chains. Among many other benefits, the tool promotes improvements in supply chain stakeholder engagement.
“Drawing on leading practices in the field, and addressing environmental, social, and governance issues, the SAQ is a “conversation starter” for companies to use with their suppliers as they begin to assess the sustainability risks in their supply chains. The goal is to help companies be more competitive and build resiliency in their supply chains by identifying, assessing, managing and disclosing supply chain sustainability risks.”
A trademark of sustainable organizations is the ability to effectively manage the flow of information among key business stakeholders. The true differentiators are those who understand their supplier and customer relationships and have a fully aligned direction. Our sustainability consulting is focused on the opportunities of proactive business sustainability action across the entire value chain.